Which of the Following Items Is Not Used in Preparing

question 21

Multiple Choice

Which of the following items is not used in preparing the statement of owner's equity?

• A)Withdrawals.
• B)Net income.
• C)Additional investments.
• D)Adjusting entries.

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Definitions:

Company Location

The physical place where a company's operations are based or where it conducts its business activities.

Job-related Functions

Activities and tasks that employees are expected to perform as part of their employment.

Applicant's Ability

The skills, knowledge, and competencies that an individual possesses, which are relevant to successfully performing the tasks required by a specific job.

Persuasive Purposes

Goals aimed at influencing or convincing others to adopt certain beliefs, attitudes, or behaviors.